Europe vanadium prices higher amid continued trader buying

January 28, 2020 / www.metalbulletin.com / Article Link

Vanadium prices took another move higher in Europe during the second half of last week, supported by an increase in inquiries and trader restocking, Fastmarkets heard.

Fastmarkets' price assessment for ferro-vanadium, ddp Europe stands at $26-27.15 per kg as of January 24, up by 3.6% from the midweek assessment, and now at its highest level since the beginning of October.

Fastmarkets' price assessment for vanadium pentoxide 98% V2O5 min, in-whs Rotterdam rose to $5.05-6.35 per lb, a 3.9% increase from the last assessment. V2O5 is also trading at a near four-month high, according to Fastmarkets'...

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